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Blue Ball, Newbury

Newbury, RG17 9TJ

Your investment

£12,000

Agreement Type

Tenancy

The Blue Ball is located in the historic and picturesque village of Kintbury, which has quite rightly earned its place on the list of the 20 most desirable villages in the UK in which to live. Situated on the banks of the breathtakingly scenic Kennet and Avon Canal the village lies in an area designated as an Area of Outstanding Natural Beauty. The key amenities in the village include, a parish church, primary school, post office, corner shop, and a butchers. Kintbury Railway Station is only a short walk from the pub and provides links into Reading City Centre.

The Blue Ball is located in the historic and picturesque village of Kintbury, which has quite rightly earned its place on the list of the 20 most desirable villages in the UK in which to live. Situated on the banks of the breathtakingly scenic Kennet and Avon Canal the village lies in an area designated as an Area of Outstanding Natural Beauty. The key amenities in the village include, a parish church, primary school, post office, corner shop, and a butchers. Kintbury Railway Station is only a short walk from the pub and provides links into Reading City Centre.

Pub Layout

The Blue Ball oozes charm with its modern yet rustic features, there is a traditional open fire, exposed bricks, and original beams throughout.  The well-stocked bar services both the snug and bar area for approximately 30 covers and the restaurant with 25 covers. There is a separate function room which can hold around 40 covers.  Externally this pub boasts a fantastic enclosed grassed area which has previously been transformed for community events with a pizza oven that’s a welcomed addition to the menu throughout the year. There is a car park for up to eight spaces however on street parking is permitted.

The Blue Ball is a great example of a destination food pub. The bar is well stocked with a premium drink offering across the board, including a popular cask ale selection. The commercial kitchen is well equipped allowing the pub to produce great quality food. This pub is extremely popular, not just with locals who support it all year round, but also people from surrounding villages who like to stop by for a bite to eat.  The trade here is currently a 30/70 split towards the drinks side of the business but has the opportunity to increase the food sales and appeal to a much wider audience.

Private Accommodation

The private accommodation is located on the first floor of the pub and is in a very good condition. It comprises: Three bedrooms, bathroom, utility room (which would need some upgrading) and sitting room.

Annual Rent: £27,500

Security Deposit: £5,000

Working Capital: £5,000

Stock: £2,000

Fixtures and Fittings: Upon Valuation  – funding options available for the right licensee.

Tie:        All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

Training: £250 plus VAT

For a breakdown on financial information, please refer to the ‘Additional Info’ tab.

I am looking for an experienced operator with experience and knowledge of running a successful pub with a great food offer. This individual or couple must be willing to embed themselves within the community and support locals, as well as championing marketing and social media to attract people from surrounding villages. This is a rare opportunity and the new licensee must be able to produce an inspirational business plan and have a fantastic work ethic to unlock the potential of this gem.

Annual Rent – This is our lowest rent figure associated with a Full Tie.  If the tie is reduced the effective rent (via Tie Release Fees) will increase.  Rent is billed and paid for weekly in advance depending on the payment terms agreed)

Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property

Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business

Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened

Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture

Training – This is required when taking on a Business Support Agreement.  Included is an e-learning package for you and your staff and attendance to our ‘Set Up To Succeed’ workshop held at our Head Office in Chester.  Please note, you will be required to attend this workshop before signing a long term tenancy agreement.

Service Charge Cost – £30.10 per week – This is a weekly charge that includes statutory compliance certification (including Annual CP12 and CP42 gas test), cellar cooling services (including full insurance to cover repairs and / or replacements), Health & Safety Essentials (including assessments) and Licensing Support

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